Statement A: GEAC makes decisions regarding the validity of GM research and the safety of introducing GM-organisms for public services.
Statement B: Biopiracy is the term used to refer to the use of bio-resources by multinational companies and other organisations without proper authorisation from the countries and people concerned without compensatory payment.

Question

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GEAC (Genetic$$ Engineering Approval $$Committee), make decisions regarding the validity of GM research and the safety of introducing $$GM-organisms$$ for public services. Biopiracy is the term used to refer to the use of $$bio-resources$$ by multinational companies and other organisations without proper authorisation from the countries and people concerned without compensatory payment.

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